49XX Babcock St NE - Restaurant FOR SALE


Palm Bay, FL 32905
$1,495,000 USD
321-252-9090
49XX Babcock St NE, Palm Bay, FL for Sale
$1,495,000 USD
Restaurant - FOR SALE
1/28
null | Request Cap Rate

49XX Babcock St NE
Palm Bay, FL 32905


HIGHLIGHTS

  • Turn-key restaurant & catering business
  • Includes Real Estate - 5202 SF building on 1.2 acres
  • Frontage on major traffic corridor - 33,000+ vehicles per day
  • 12-year history at this location
  • Long-term, reliable staff
  • Includes all equipment and furnishings

OVERVIEW

5202 SF operational restaurant on 1.2 acres. 250 feet of frontage on a major traffic corridor with 33,000+ vehicles per day. 76 parking spaces with easy access in and out. Seating capacity of 194 in the main dining room, plus an additional 60 in a separate banquet room. Very reliable and loyal staff. Fully furnished with all cooking equipment, coolers, catering trucks, smoker trailer, restaurant furniture, and fixtures. This is a very strong retail corridor, with 50,000 people who live within a 3 mile radius. Palm Bay is perfectly located on Florida's east central coast, midway between Jacksonville and Miami. Off of I-95 take exits 173 and 176. Palm Bay is close to Melbourne and Orlando International Airports and Port Canaveral. Many quality of life choices including employment opportunities from entrepreneurial family owned enterprises through a growing base of mid and large size technology and manufacturing companies. Education opportunities include 18 public and private K through Grade 12 schools. Eastern Florida State College's four campuses are spread across Brevard County's more than 70-mile-long expanse on Florida's east coast, offering convenient access to higher education for all. Palm Bay Campus is situated on attractive Lake Titan in the fastest growing and most culturally diverse community in Brevard County. Recreational activities include 29 city parks which include paintball and skateboarding, an aquatic center, a 200 acre regional park, two public / private golf courses, Turkey Creek Sanctuary, and nearby are the beaches! Please contact broker for access to confidential information.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$287 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Turn-key Restaurant with Real Estate

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

76

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

CC

APN/PARCEL ID

28-37-21-75-01694.0-0010.00

ASK ABOUT THIS PROPERTY

James FlintSperry - Flint Brokers & AssociatesMore Info
321-252-9090

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James FlintSperry - Flint Brokers & AssociatesMore Info
321-252-9090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.